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NGLs Week

NGLs Week Newsletter  

NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.

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NYMEX Monday Wrap: Crude, nat gas, gasoline open week with deep losses

HOUSTON, January 9, 2017 (PCW) — February NYMEX crude futures settled down $2.03/bbl to $51.96/bbl. March Brent at the close of the NYMEX decreased $2.11/bbl to $54.98/bbl.

The March Brent/WTI spread narrowed to $2.11/bbl favoring Brent. Prompt natural gas futures were down 18.2 cents at $3.103/mmBtu. February NYMEX RBOB futures closed at $1.5707/gal, down 6.33 cpg.

January gasoline differentials were mostly stronger versus Friday’s levels.

The 3-2-1 crack in the Gulf Coast was $12.80/bbl, $2.15/bbl under the screen. – John Troland

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